LOS ANGELES -- Standard & Poor's Corp. yesterday placed $208 million of San Diego County lease obligations on CreditWatch with negative implications.

Several years of increased health, welfare, and judicial costs, coupled with the recession and sluggish growth in property tax revenues, have eroded San Diego County's fiscal position, the rating agency said in a release.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.